Whales spend 1.4 billion Dogecoins.
Recently, the meme coin sector in the cryptocurrency market has been extremely active, especially DOGE. The "whale" investors behind it have been active, which has attracted widespread attention from the market. According to reliable sources, the "whale" group of Dogecoin has been frantically buying in just two days, and has purchased more than 1.4 billion DOGE in total. This figure is worth up to 140 million US dollars, showing the strong interest of big funds in Dogecoin.
This wave of whale actions not only shows that big players in the market are optimistic about Dogecoin, but also foreshadows the possible sharp price fluctuations in the future. Historical experience shows that the trading activities of whales are often a precursor to changes in market trends, and their movements can often lead the market.
However, despite the large-scale purchases by whales, the price trend of Dogecoin did not immediately soar to 20 cents as expected by the market. On the contrary, in the past week, although the price of Dogecoin has risen, the increase is only about 10%. The current trading price is stable at around $0.114, and it has achieved a small increase of 5% in 24 hours. Despite this, the market is still optimistic, and many investors and analysts believe that Dogecoin still has huge potential for growth. However, investors still need to remain calm and rational, pay close attention to market dynamics, and make more informed investment decisions.
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